Delta Air Lines (DAL) president Ed Bastain adds some more insight into the carrier's plan to cut...

Delta Air Lines (DAL) president Ed Bastain adds some more insight into the carrier's plan to cut capacity which he calls a "proactive measure." He says Delta's total capacity will be down 3%-4%, with routes across the Atlantic cut by 5% after Labor Day and Pacific routes only reduced slightly. The NYSE Arca Airline ETF -6.7% for the week, with capacity concerns stepping up across the sector.